HF 1972

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/01/2023 11:17am

A bill for an act
relating to transportation; allocating a portion of motor vehicle registration taxes
to small cities and townships; amending Minnesota Statutes 2022, section 168.013,
subdivision 8.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2022, section 168.013, subdivision 8, is amended to read:

Subd. 8.

Tax proceeds to highway user fund; fee proceeds to vehicle services
account.

(a) Unless otherwise specified in this chapter, the net proceeds of the registration
tax imposed under this chapter must be collected by the commissioner, paid into the state
treasury, and credited new text begin as follows:
new text end

new text begin (1) 90 percent new text end to the highway user tax distribution fund deleted text begin . deleted text end new text begin ;
new text end

new text begin (2) five percent to the small cities assistance account under section 162.145; and
new text end

new text begin (3) five percent to the town road account under section 162.081.
new text end

(b) All fees collected under this chapter, unless otherwise specified, must be deposited
in the vehicle services operating account in the special revenue fund under section 299A.705.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective August 1, 2023, and applies to registration
taxes paid on or after that date.
new text end